ICICI Bank was originally promoted in 1994 by ICICI Limited, an Indian financial institution, and was its wholly-owned subsidiary. ICICI's shareholding in ICICI Bank was reduced to 46% through a public offering of shares in India in fiscal 1998, an equity offering in the form of ADRs listed on the NYSE in fiscal 2000, ICICI Bank's acquisition of Bank of Madura Limited in an all-stock amalgamation in fiscal 2001, and secondary market sales by ICICI to institutional investors in fiscal 2001 and fiscal 2002. ICICI was formed in 1955 at the initiative of the World Bank, the Government of India and representatives of Indian industry. The principal objective was to create a development financial institution for providing medium-term and long-term project financing to Indian businesses.

After consideration of various corporate structuring alternatives in the context of the emerging competitive scenario in the Indian banking industry, and the move towards universal banking, the managements of ICICI and ICICI Bank formed the view that the merger of ICICI with ICICI Bank would be the optimal strategic alternative for both entities, and would create the optimal legal structure for the ICICI group's universal banking strategy. The merger would enhance value for ICICI shareholders through the merged entity's access to low-cost deposits, greater opportunities for earning fee-based income and the ability to participate in the payments system and provide transaction-banking services. The merger would enhance value for ICICI Bank shareholders through a large capital base and scale of operations, seamless access to ICICI's strong corporate relationships built up over five decades, entry into new business segments, higher market share in various business segments, particularly fee-based services, and access to the vast talent pool of ICICI and its subsidiaries.


Home Loan

ICICI Bank is India's largest private sector bank with total assets of Rs. 6,461.29 billion (US$ 103 billion) at March 31, 2015 and profit after tax Rs. 111.75 billion (US$ 1,788 million) for the year ended March 31, 2015. ICICI Bank currently has a network of 4,050 Branches and 12,921 ATM's across India. Getting a home loan from ICICI Bank is quick and easy. We offer higher eligibility and lower EMIs at attractive interest rates. Moreover, application processing through TABLET and Smart phone applications ensures faster approval of your home loan.

Benefits and Features

Affordable interest rates and both floating and fixed options The home loan can be sanctioned before selecting the property A really smooth simplified documentation process and even faster documentation process for existing customers You get the freedom of enjoying a longer tenure with lower EMIs The Balance Transfer feature allows you to transfer your existing home loan availed from any other bank, to ICICI Bank. This is for you to enjoy long term savings. With the Balance Transfer feature, you can enjoy up to additional top up loan amount. This can be up to 100% of the original home loan. The bank's home loan page provides unique online tools like Eligibility calculator and EMI calculator. With the eligibility calculator you can find the home loan amount you are eligible to avail for, and the EMI calculator calculates the monthly repayment amount towards the loan. Selected customers can enjoy pre-approved home loans. Up to 30 years of loan tenure available Enjoy a fixed interest rate for the first 10 years, and thereafter a choice of fixed or floating interest rates


You're probably eligible for an ICICI Bank Home Loan if you are

At least 21 years old Less than 65 years old Salaried/self-employed with regular income Earn more than the minimum income required

Your ICICI Bank home loan amount eligibility is based on these factors

1. EMI limited to about 50% of monthly income 2. Loan capped at 90% of property value 3. EMI's of other loans lower your eligibility

Documents Required

Document Salaried Self Employed Professional Self Employed Non Professional/th>
Application form with photograph duly signed Required Required Required
Identity, residence and age proof Required Required Required
Last 6 months bank statements Required Required Required
Last 3 months Salary-slips Required Required Required
Processing fee cheque Required Required Required
Form 16 / Income Tax Returns Required Required Required
Proof of business existence     Required
Business profile     Required
Education qualification certificate and proof of business existence   Required Required
Last 3 years Income Tax Returns with computation of Income   Required Required
Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account   Required Required

Loan Against Property

Loan Against Property is the perfect way to unlock the hidden value of your property. With this loan, you can fully benefit from life's little surprises you may have earlier passed over due to lack of funds. Live your dreams with a Loan Against Property! This multi-purpose loan puts funds at your disposal to use as you wish. What's more, this loan is available at a reasonable rate and can be repaid comfortably over as many as 10 years.


Benefits and Features

No security, no collateral Attractive interest rates Tenure up to 15 years Faster processing Loan against commercial / residential property

Eligibility Criteria

Parameters Salaried Self
Age Minimum 21 years Minimum 21 years
Income Income criteria not provided Income criteria not provided
Job Experience Job experience not provided Job experience not provided
Residence Proof Residence Proof Residence Proof/td>

Documents Required

Document Salaried Self
ID Proof PAN card/Voters ID/Passport/Driving License/Other Valid proof PAN card/Voters ID/Passport/Driving License/Other Valid proof
Address Proof Recent telephone bill/electricity bill/property tax receipt/passport/voters ID/Other valid proof Recent telephone bill/electricity bill/property tax receipt/passport/voters ID/Other valid proof
DOB Proof 10th class certificate/DOB Proof 10th class certificate/DOB Proof
Financial Docs Statements (latest 3 months bank statement / 6 months bank passbook) Latest salary slip or current dated salary certificate with latest Form 16 Bank Statements(latest 6 months bank statement /passbook) Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs. certified by a CA Qualification proof of the highest professional degree

Personal Loan

Thinking about dreaming of a vacation, a great perfect wedding, home renovation or a much desired gadget or electronic device, Care2Earn.in is here to realize your dreams. Make the life perfect with ICICI Bank Personal Loans.



No security, no collateral Loan payable in easy instalments Multi-purpose loan Fixed rate of Interest, Interest charged on monthly reducing basis Flexible tenures up to 60 months Repayment through Auto-debit / ECS / PDC

Key benefits

Direct credit of the loan amount through Fund Transfer (FT) Simple repayment options of ECS, AD or PDC. You can also choose duration as per your choice and tenure starts from minimum 12 months to maximum 60 months Interest rate remains unchanged throughout the loan tenure Simple documentation - It can be accessed with minimal paperwork and documentation and doesn't take much time. Quick processing

Eligibility Criteria

Criteria Salaried
Age 23 years - 58 years.
Net Salary** Salaried individuals with minimum monthly income Rs.17,500 (Rs.25,000 for applicants residing in Mumbai & Delhi; Rs.20,000 for applicants residing in Chennai, Hyderabad, Bangalore, Pune & Kolkata)
Total years in job/profession 2 Years
Years in current 1 Year
Criteria Self Employed
Age 28 years (self employed individuals) and 25 years (for doctors); Maximum age - 65 years
Minimum Turnover Rs. 40 lakh for non-professionals; Rs. 15 lac for professionals; as per audited financials
Minimum Profit After Tax Rs. 2 lac for Proprietorship Firm/Self employed Individuals and Rs. 1 lac for non-professionals as per audited financials
Business Stability In current business for at least 5 years and minimum 3 years for doctors
Existing relationship with ICICI Bank Minimum 1 year liability relationship (current or savings account) or Asset relationship (loan) either live or closed in the last 36 months; repayment track as required

Documents Required

Document Salaried
Proof of Identitym Passport / Driving License / Voters ID / PAN Card (any one)
Proof of Residence Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
Photographs 2 Passport Size photographs.
Income details Salary slips for last 3 months.
Bank account statements Latest 3 months Bank Statement (where salary/income is credited).
Document Self
KYC Documents Proof of Identity; Address proof; DOB proof.
Proof of Residence Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
Photographs 2 Passport Size photographs.
Income details Income proof (audited financials for the last two years)..
Bank account statements Latest 6 months Bank statement.
Address proof Office address proof.Proof of residence or office ownership. Proof of continuity of business.

NRI Loan

ICICI bank NRI home loans provide variety of products depending on your unique needs such as buying a house, building a house or purchasing property in India, and more.


Benefits and Features

Attractive interest rates on a monthly reducing basis. Choice from fixed and floating interest rates. Partprepayment facility for zero fees. Free personal accident insurance to the extent of loan outstanding. Doorstep service in India till disbursement.

Eligibility Criteria

Age You must be minimum 21 years old. For NRI applicant, maximum age limit is 60 years or retirement age (whichever is earlier) at the time of loan maturity Residential status If salaried applicant, you should have been abroad for a minimum period of 1 year. If self-employed applicant, you should have been abroad for a minimum period of 3 years. Income tenure between 11-15 years, minimum qualification to be Diploma/ Graduate with minimum 3 years of employment abroad or professional qualification with 1 year of employment abroad. Minimum Income Per Annum break up is as follows:
Countries Term<= 5 years Term 6&10 years Self employed
Middle East 36,000 dhms 48,000 dhms Post Graduate 96,000 dhms
Professional degree 72,000 dhms
USA & Others 30,000 USD 42,000 USD 42,000 USD
For Merchant Navy -
Term<= 5 years Term 6&10 years
20,000 USD 26,000 USD
For Self Employed -
Term<= 5 years Term 6&10 years
48,000 dhms for GCC 2,000 USD for USA and others.

Documents Required

Personal details documents 1 passport size latest photograph of each applicant (applicant & co-applicant) with signature across Valid passport copies for all the applicants Valid visa copies for all the applicants Cheque / Draft in INR for fees (as per applicable rate) and the date must be in dd/mm/yyyy format Power of Attorney document duly signed by all the applicants Authority letter duly signed by all the applicants Company details Copy of current overseas residential verification proof of all the applicants to the loan. (Driving license or bank statement showing overseas address or latest insurance premium receipt or utility bill) Copy of PAN Card for the Ist applicant OR Form 60 Self attested address proof of all applicants Financial details documents: for salaried individuals Copy of current appointment letter OR Copy of salary certificate clearly mentioning the date of joining, current salary earned and designation held in the company Copy of previous appointment letters Last 3 months salary slip for fixed salary and last 4 months for variable salary Last 6 months bank statements clearly mentioning salary credits in the account Financial details documents: for self-employed individuals

Copy of

Incorporation of business Income Proof - Middle East: Last 2 years audited/C.A certified P&L accounts. US & Canada: Last 2 years CPA compiled/reviewed/audited P&L accounts. Others: Last 2 years C.A or equivalent certified/audited P&L accounts. Partnership deed (in case of a partnership firm) MOA & AOA of the company (in case of a private ltd. company) Last 6 months bank statements in the company's name Last 6 months bank statements in individual's name Business profile and office address proof

NRI Personal Guarantor documents

If you have opted for a NRI Personal Guarantor on your loan, arrange to send the following documents Passport & visa copies of the NRI Guarantor Current overseas address verification proof of the NRI Guarantor. (Driving license or bank statement showing overseas address or latest insurance premium receipt or utility bill) Current income documents of guarantor

Disclaimer: Please note that the interest rates and eligibility criteria given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated. Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.